Director-linked trust trims Liquidity Services (LQDT) stake with 9,791-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liquidity Services Inc. director Jaime Mateus-Tique reported an open-market sale of 9,791 shares of Common Stock at $37.95 per share. The transaction was carried out by the Em El 2007 Irrevocable Trust, an entity associated with the director, which held 203,862 shares after the sale.
In addition, the filing shows 100,000 shares of Common Stock held indirectly through the reporting person’s spouse and 10,981 shares held directly. Mateus-Tique also holds a Restricted Stock Unit Grant for 5,694 units, each economically equivalent to one common share, granted on March 1, 2026 and scheduled to vest on March 1, 2027, with an exercise price of $0.00 and expiration on March 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,791 shares ($371,568)
Net Sell
4 txns
Insider
Mateus-Tique Jaime
Role
null
Sold
9,791 shs ($372K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,791 | $37.95 | $372K |
| holding | Restricted Stock Unit Grant | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 203,862 shares (Indirect, By the Em El 2007 Irrevocable Trust);
Restricted Stock Unit Grant — 5,694 shares (Direct, null);
Common Stock — 10,981 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit is the economic equivalent of one share of Liquidity Services, Inc. Common Stock. These restricted stock units were granted on March 1, 2026 and vests on the first anniversary of the grant date (March 1, 2027).
Key Figures
Shares sold: 9,791 shares
Sale price: $37.95 per share
Trust holdings after sale: 203,862 shares
+3 more
6 metrics
Shares sold
9,791 shares
Open-market sale of Common Stock
Sale price
$37.95 per share
Price for 9,791-share sale
Trust holdings after sale
203,862 shares
Em El 2007 Irrevocable Trust post-sale position
Spouse holdings
100,000 shares
Indirect ownership via reporting person’s spouse
Direct common holdings
10,981 shares
Common Stock held directly by reporting person
RSU grant
5,694 units, $0.00 exercise price
Restricted Stock Units expiring March 1, 2027
Key Terms
open-market sale, Restricted Stock Unit Grant, indirect ownership, irrevocable trust, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for 9,791 Common Stock shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Restricted Stock Unit Grant financial
"security_title: "Restricted Stock Unit Grant" with 5,694 underlying shares"
indirect ownership financial
"ownership_type: "indirect" with nature "By the Em El 2007 Irrevocable Trust""
irrevocable trust financial
"nature_of_ownership: "By the Em El 2007 Irrevocable Trust""
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
restricted stock units financial
"“These restricted stock units were granted on March 1, 2026 and vests...”"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transaction did Liquidity Services (LQDT) disclose for Jaime Mateus-Tique?
The filing reports an open-market sale of 9,791 shares of Liquidity Services Common Stock at $37.95 per share. The shares were sold by the Em El 2007 Irrevocable Trust, an entity associated with director Jaime Mateus-Tique, and not directly by him personally.
What are Jaime Mateus-Tique’s direct and spousal holdings in Liquidity Services (LQDT)?
The filing shows 10,981 shares of Liquidity Services Common Stock held directly by Jaime Mateus-Tique. It also reports 100,000 shares held indirectly through the reporting person’s spouse, reflecting additional exposure to the company’s equity beyond the trust’s holdings.
What Restricted Stock Units does Jaime Mateus-Tique hold in Liquidity Services (LQDT)?
Mateus-Tique holds a Restricted Stock Unit Grant for 5,694 units, each equivalent to one Liquidity Services common share. These RSUs were granted on March 1, 2026, vest on March 1, 2027, carry a $0.00 exercise price, and expire on March 1, 2027.
Was the Liquidity Services (LQDT) Form 4 transaction an open-market sale or another type?
The Form 4 identifies the key transaction as an open-market sale of Common Stock. It uses transaction code “S”, described as a sale in an open market or private transaction, and lists the sale price as $37.95 per share.